Anglo American shares slip as firm doesn't want to give BHP more time for deal
Anglo American shares AAL, +0.45% slipped in London trade, after the metals producer said it doesn't support BHP Group's BHP, +2.10% request to extend takeover talks deadline. BHP has until 5 p.m.
Anglo American rejects BHP's last-ditch attempt to continue takeover talks
Anglo American on Wednesday rejected BHP Group's last-ditch request for more time to discuss a $49 billion takeover offer, dismissing it as highly complex and ending a five-week pursuit by the bigger rival.
BHP wants bid deadline extension after offering 'socio-economic concessions'
Anglo American PLC (LSE:AAL) suitor BHP Group Ltd (LSE:BHP, ASX:BHP) has requested an extension to its 'put up or shut up' takeover deadline as it offered new concessions, including a potential 'reverse break fee', and wants to continue talks. Last week Anglo and BHP agreed on an extension to the deadline for BHP to make an offer to 29 May.
BHP Group wants extension to $49 billion Anglo American takeover talks as deadline looms
BHP Group on Wednesday requested an extension to talks with takeover target Anglo American as the deadline for discussions looms.
BHP proposes socioeconomic measures to ease Anglo American's concerns over $49 bln bid
BHP Group said on Wednesday it had proposed a range of socioeconomic measures to address the concerns of Anglo American over its 38.6 billion pounds ($49.20 billion) offer, and that it believes it needs more time to further engage on its proposal.
Rio Tinto, BHP to collaborate on electric haul truck trials in Pilbara
Top Australian miners Rio Tinto and BHP Group will work together for testing large battery-operated electric haul truck technology in the Pilbara region of Western Australia, Rio Tinto said on Monday.
Battle for Anglo's copper assets tests BHP's resolve as deadline looms
BHP's resolve to add more copper to its portfolio will be tested by Anglo American investors' demands for a simpler offer for the whole company or a cash sweetener to clinch a deal that could become the biggest in mining history.
BHP shares fall after Anglo American rejects third proposal, extends bid deadline
Shares of Australia's BHP Group fell over 3% on Thursday, a day after smaller rival Anglo American rejected its third takeover proposal and agreed to a one-week extension for the deadline to make a binding offer.
Anglo American rejects 'third and final' BHP bid but talks continue
Anglo American PLC (LSE:AAL) has rejected a "third and final" offer from BHP Group Ltd (LSE:BHP, ASX:BHP) but the bid deadline has been extended by a week as the pair are in talks. The board of the FTSE 100-listed miner said they received a third "highly conditional" takeover proposal from BHP on Monday.
Anglo American rejects 'third and final' BHP bid but talks continue
Anglo American PLC (LSE:AAL) has rejected a "third and final" offer from BHP Group Ltd (LSE:BHP, ASX:BHP) but the bid deadline has been extended by a week as the pair are in talks. The board of the FTSE 100-listed miner said they received a third "highly conditional" takeover proposal from BHP on Monday.
Miner Anglo American rejects third takeover offer from rival BHP Group as talks deadline extended
Anglo American rejected a third takeover proposal from rival BHP Group on Wednesday, as the companies agreed to extend talks deadline by one week.
Anglo American says it's received and rejected a third BHP offer
Anglo American AAL, -2.01% said it's received, and rejected, a third conditional offer from BHP Group BHP, -2.29%. The latest terms are 0.8860 BHP shares as well as the demerger of its stakes in Anglo American Platinum and Kumba Iron Ore, which collectively would value it at £29.34 per share using April 23 prices.
